Targeted taxation
Massive increases in the tax on alcohol have recently been mooted as a way to stem the binge-drinking culture. Yet how does the government go about this without unfairly penalising the 90 percent of drinkers who don’t consume alcohol to excess? Today, George Osborne offers a solution. His idea is to only increase the tax on those drinks which are associated with binge-drinking. So alco-pops and cider